Forex Analysis
USD/JPY Analysis
The pair opened at Y101.52 and then edged higher in early dealings, trading up to, but not breaking above, last night’s Y101.59 US high.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7151 after sterling was given an added boost by the release of stronger than forecast Mfg PMI data
USDJPY: Levels & Targets
USD/JPY appears to be stabilizing/bottoming near the lows of the range and the price action is beginning to look constructive, notes CitiFX Technicals.
EUR Mid-day Analysis
While the Euro remains right on its highest price level since mid-May in the early going today,
CHF Mid-day Analysis
Like the Euro, the Swiss remains pegged to its recent highs in the early Tuesday action. It might take aclean sweep of US data to
JPY Mid-day Analysis
Optimism from a number of global PMI results has prompted an exodus of safe haven interest in the Yen.
USD Mid-day Analysis
The Dollar is marginally higher this morning but it is also facing a significant flow of data later in thetrading session.
CAD Mid-day Analysis
We are a little surprised that the Canadian isn’t rising off the tide of positive international manufacturing results overnight but
GBP Mid-day Analysis
Not surprisingly, the UK has produced more stellar economic results overnight with UK manufacturingcoming in better than expectations at 57.7!
Central European Daily
Regional PMIs ease in line with worsening of business conditions in Germany and the euro-zone Polish PMI just above 50 in June. Will it trigger reactivation of the NBP easing cycle?
USD Stay Range Bound
The USD is the dominant global funding currency; hence it makes a fundamental difference if the Fed, rather than other central banks,
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,